GLE eyes earlier enrichment, inks agreements with two largest U.S. utilities

July 11, 2022, 9:30AMNuclear News

Global Laser Enrichment (GLE) signed separate, nonbinding letters of intent in June with the two largest nuclear power operators in the United States—Constellation and Duke Energy—to assess potential nuclear fuel supply chain cooperation, including support for GLE’s deployment of laser enrichment technology in the United States. According to GLE president and chief commercial officer James Dobchuk, who delivered a presentation on June 7 at the World Nuclear Fuel Market Annual Meeting, the company’s baseline deployment schedule could be accelerated by about three years (under favorable market conditions) to supply the nuclear fuel market with uranium in a range of enrichment levels in 2027.

To continue reading, log in or create a free account!

Related Articles

Uranium market prices reflect higher demand

November 10, 2025, 12:01PMNuclear News

An end-of-October spot price for uranium of $80.00 per pound—down from the year high of $82.63 per pound in September—is still substantially higher than the year’s lowest price of $64.23...

ANS announces 2026 Presidential Citations

November 6, 2025, 6:59AMANS News

One of the privileges of being president of the American Nuclear Society is awarding Presidential Citations to individuals who have demonstrated outstanding effort in some manner for the...